YEARLY HIGH
0.1174 MXN
YEARLY LOW
0.0919 MXN
YEARLY AVERAGE
0.1030 MXN

2024 DJF to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1174. Conversely, the yearly low was recorded on April 8, dropping to 0.0919.

This high-to-low spread represents a total annual volatility of 0.0254 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0959 to the December average rate of 0.1139, the exchange rate registered a net change of 18.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1174 was up 7.00% compared to the 2023 peak of 0.1097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DJF based on timing:

Yearly Peak High 587 MXN
2023 Average 499 MXN
Yearly Trough Low 460 MXN
Transaction Impact: A difference of 127.10 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1163
0.0923
JanuMarcMayJulySeptNove

DJF to MXN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0963, compared to 0.1098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.0963
H2 Avg (Jul–Dec) 0.1098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0101 MXN (High: 0.1056 / Low: 0.0955). On the other end, February was the most stable month, with a tight range of 0.0013 MXN (High: 0.0968 / Low: 0.0955).

June Spread (Volatile) ±0.0101
February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1139) against the same month in 2023 (average: 0.0964), the exchange rate shifted by +0.0175 (+18.14%).

2024 Avg (December) 0.1139
2023 Avg (December) 0.0964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0974 0.0943 0.0959
February 0.0968 0.0955 0.0960
March 0.0959 0.0931 0.0943
April 0.0968 0.0919 0.0946
May 0.0961 0.0929 0.0945
June 0.1056 0.0955 0.1023
July 0.1056 0.0991 0.1018
August 0.1117 0.1044 0.1078
September 0.1130 0.1073 0.1102
October 0.1134 0.1079 0.1106
November 0.1163 0.1114 0.1143
December 0.1174 0.1129 0.1139